1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
shusha [124]
3 years ago
10

Bailey, a single taxpayer, obtains permission to change from a calendar year to a fiscal year ending June 30, 2019. During the s

ix months ending June 30, 2019, she earns $40,000 and has $8,000 of itemized deductions. What is the amount of her annualized income?
a.$32,000

b.$28,000

c.$64,000

d.$56,000
Business
1 answer:
lisabon 2012 [21]3 years ago
8 0

Answer:

Correct option is c.$64,000

Explanation:

given data

earn  = $40,000

deductions = $8,000

time = 6 month

solution

we get here amount of her annualized income that is express as

amount of her annualized income = ( earn - deduction ) × time duration

amount of her annualized income =  ( $40,000 - $8,000 ) × \frac{6}{12}  

amount of her annualized income = $64,000

so correct option is c.$64,000

You might be interested in
Parking spaces in multiunit buildings, water rights, and similar things of value that convey with property are classified as
mestny [16]

Parking spaces in multiunit buildings, water rights, and similar things of value that convey with property are classified as Appurtenances.

<h3>What Is Appurtenance?</h3>

In real estate, an appurtenance is something that is installed in or sits on a property. It is something that is considered a part of the property, is sold with the property, and it is passed on to the new owners.

When we talk about appurtenances we are often talking about things that run with the land. Appurtenance originates from the word 'appertain,' which means to relate to, be appropriate, or applicable.

Before defining appurtenance,

<h3>What is Real Property ?</h3>

In real estate, real property is defined as immovable or fixed property, any property attached to the land and even the land itself. This also includes permanent fixtures within the property, that are not personal property and easily moved.

Some common examples:  

  • Exterior buildings (e.g., barn, shed)
  • a fence.
  • Inground pools.
  • hot water heater.
  • Ceiling fans.
  • Window blinds (if installed).
  • Fixtures (excluding trade fixtures).
  • Cabinetry.
  • Furnace.
  • Existing crops.
  • Oil or mineral rights.
  • A shared driveway (with attached easement appurtenant).
  • a tree.
  • Water rights (given to an adjoining property).
  • in-ground swimming pools.
  • Easements.

Appurtenances are important to understand as they can have an effect on landlord and tenant relations as well as that between buyer and seller.

Learn more about Easement Appurtenances on:

brainly.com/question/15725702

#SPJ4

6 0
2 years ago
The following data are for the Akron Division of Consolidated Rubber, Inc.: Sales $ 820,000 Net operating income $ 59,000 Averag
VladimirAG [237]

Answer:

11.56%

Explanation:

The computation of the minimum required rate of return is shown below:

Residual income = Net operating income - (Average operating assets × minimum required rate of return)

$22,000 = $59,000 - ($320,000 × minimum required rate of return)

After solving this the minimum required rate of return is 11.56%

By applying the above formula we can find out the minimum required rate of return

7 0
3 years ago
If the market for corporate control were efficient as a governance device, then only __________ would be targets for takeovers.
CaHeK987 [17]

Answer:

The correct answer is c. poorly performing firms.

Explanation:

Corporate governance is the set of rules, principles and procedures that regulate the structure and operation of the governing bodies of a company. Specifically, it establishes the relationships between the board of directors, the board of directors, the shareholders and the rest of the interested parties, and stipulates the rules governing the decision-making process on the company for the generation of value.

In recent years, and more specifically following the onset of the financial crisis, the international community has understood the importance of listed companies being managed in an adequate and transparent manner. The good governance of companies is the basis for the functioning of markets, as it favors credibility, stability and contributes to boosting growth and wealth generation.

The weakness shown by corporate governments of large organizations in the past has multiplied the demands for transparency, truthfulness, good practices and responsible business behavior on the part of investors, consumers and society in general, which not only pay attention anymore. to financial indicators, but they also want to know how those results have been achieved.

4 0
3 years ago
Requirement For each of the​ following, indicate whether the amount is​ taxable:
kodGreya [7K]

Answer and Explanation:

All these situations are taxable under lottery tax in the U.S.A, under Federal tax rule, there is 25% amount of winning money you have to pay under lottery tax rule.

If the acceptance of the prize is not based on significant potential benefits and the payment is charged by the education department to a tax-exempt agency approved by Linda, option "C" might be withheld from income.

5 0
3 years ago
What is the difference between a co-payment and co-insurance?
nikdorinn [45]

Answer: b. A co-payment is a flat fee for each service, and co-insurance is based on a percentage of the

costs incurred.

Explanation: i got it right on edge 2020

4 0
3 years ago
Read 2 more answers
Other questions:
  • The following information relates to current production of bench seats for boats at Aquamarine Manufacturing:
    7·1 answer
  • The monopolist, like the perfect competitor, will maximize profits at the output where marginal revenue equals marginal cost.
    6·1 answer
  • On August 8, 2013, Holly purchased a residential apartment building. The cost basis assigned to the building is $800,000. Holly
    12·1 answer
  • Ruff Wear expects sales of $560, $650, $670, and $610 for the months of May through August, respectively. The firm collects 20 p
    11·1 answer
  • When a bank keeps $12 from a $100 deposit as legal reserves, it is using
    10·1 answer
  • A particular country has almost a 3 percent prevalence for schizophrenia. that country:
    5·2 answers
  • Seidman Company manufactures and sells 20,000 units of product X per month. Each unit of product X sells for $17 and has a contr
    8·1 answer
  • Parker Corp., which operates on a calendar year, expects to sell 3,000 units in October, and expects sales to increase 10% each
    12·1 answer
  • A corporate charter: Multiple select question. names the board of directors. specifies the number of shares outstanding. is requ
    8·1 answer
  • a system has two processes and three identical resources. each process needs a maximum of two resources. is deadlock possible? e
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!